AT&T Inc
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Communication Services : Diversified Telecommunication Services | Large Cap Value
Company profile

AT&T Inc. is a holding company. The Company is a provider of telecommunications, media and technology services globally. The Company operates through four segments: Communication segment, WarnerMedia segment, Latin America segment and Xandr segment. The Communications segment provides wireless and wireline telecom, video and broadband services to consumers.The business units of the Communication segment includes Mobility, Entertainment Group and Business Wireline. The WarnerMedia segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The business units of the WarnerMedia segment includes Turner, Home Box Office and Warner Bros. Latin America segment provides entertainment services in Latin America and wireless services in Mexico. Viro and Mexico are the business units of the Latin America segment. The Xandr segment provides advertising services.

Price
Delayed
$30.35
Day's Change
-0.14 (-0.46%)
Bid
--
Ask
--
B/A Size
--
Day's High
30.45
Day's Low
30.23
Volume
(Light)

Today's volume of 4,640,773 shares is on pace to be much lighter than T's 10-day average volume of 43,095,601 shares.

4,640,773

Netflix stock surges after Baird upgrade

1:19 pm ET March 23, 2020 (MarketWatch)
Print

Netflix Inc. shares (NFLX) are up nearly 9% in Monday trading after Baird analyst William Power upgraded the stock to outperform from neutral, writing that the company was likely to be a "key beneficiary" of the COVID-19 outbreak, which has forced the cancellation of live sporting events. "Netflix's view that it continues to take share from linear TV never looked truer," Power wrote. "While not surprising given COVID-19 impacts, our survey results and other checks suggest strong current subscriber trends. Whereas we had previously been concerned with pricing power due to new entrants like Disney (DIS), Apple (AAPL), etc., we believe the narrative could shift towards greater revenue leverage from subscriber upside." Power upped his price target on the stock to $415 from $350 in conjunction with the upgrade. Other stay-at-home stocks, including those of videogame publishers Activision Blizzard Inc. (ATVI), Electronic Arts Inc. (EA), and Take-Two Interactive Software Inc. (TTWO) as well as streaming pure-play Roku Inc. (ROKU), are also up sharply in Monday's session. Netflix's stock has lost 4.7% over the past month as the S&P 500 has dropped 31%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 23, 2020 13:19 ET (17:19 GMT)

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